Got my 2016 insurance rates today

If you have a stroke or heart attack worrying over how you'll afford this coverage, then you'll be glad you have it.

It's sad that it's taken this many years for the supporters of the ACA to finally see what it will do.  Anyone with half a brain could tell that this would happen, but I will guarantee you that several will still say the ACA is working just fine and awesome.

I'm still trying to figure out what to do with my company because our rates are skyrocketing next year as well.  I either have to absorb an additional employee salary worth of expense every month or pass the expenses on to my existing employees who have never paid a penny for healthcare the past 6 years.  I have always paid 100% of their premium and fully funded their HSA accounts.  I know for sure that the $350/mo. company HSA contribution is gone, but I will likely still make them pay for a portion of their premiums as well.

I have seriously considered canceling all of our medical insurance and just letting everyone go to the exchange and just give the employees a "medical insurance stipend".  It would be a lot cheaper for me, but way more expensive for the employees so I'm not that mean.  

mines cheap, only $140 a month, I love the ACA

dmiller

I get to write off the medical expenses as well as the HSA contribution.  My goal was to provide the best possible health insurance for my employees that money could buy as an incentive for new employees and retention of existing.

I can absolutely pass on expenses to employees and it's perfectly in line with what most other companies and my competitors do, but no matter how you skin the cat it's a paycut for my employees and they won't be happy about that.

So, your saying that Insurance Companies don't have the RIGHT to raise their rates to please their shareholders.

Drug manufactures can't raise their prices to increase profits. 

Medical equipment manufactures can't sell their products for a profit?

I thought the Repub mantra (well, ONE of the Repub mantras) was Unfettered Capitalism.  Right?! 

The ACA has a lot of moving parts.  But restricting the free market activities of medical/pharmaceutical companies is not one of them. 

(because NOBODY would intentionally raise their prices simply because they saw an opportunity to blame the increases on Obama and the ACA)

That's just GREED.   And "GREED IS GOOD", right??   

So, don't thank Obama. 

Side note: For a President as ineffective as so many of you claim, he sure does get a lot of credit for stuff.   hmmmmmmmmmmmmm

edited for spelling and snarkiness removal.

.

There will be NO MORE talk of ACA success stories. 

jeez....liberals!

OMG, do you seriously believe this or did you fly to CO before you typed it? 

The federal government and the insurance lobby created the ACA to force everyone to buy insurance.  The government required the insurance companies to insure sick people with the promise that healthy people would come through fear of penalty so that's where they'd make their money.  The healthy people never came so the actuarial tables fell apart quickly.  The insurance companies started hemorrhaging money and they're quitting the ACA exchanges left and right.
I know in Nebraska there's only one company left on the exchange and they're talking about bailing.

It's a complete and utter failure for them financially.  Now I do chuckle a little bit because you are right that they're greedy bastards (my word) but their greed was in the beginning when the law was written.  Unfortunately for them, it blew up in their face so they're now being forced to either raise their rates or exit the exchanges.  They pushed the Feds to pass the ACA so they would mandate everyone buy coverage so they could make bank.  Unfortunately the Feds being the Feds exempted everyone under the sun and made the penalty so small that it's barely a penalty.  Hence, the insurance companies are losing their arse now.  (poor babies)

United Health has announced they are likely exiting all ACA exchanges due to major losses.
http://www.usatoday.com/story/money/2015/11/19/unitedhealth-group-earnings-downgrade-obamacare-affordable-care-act/76040322/

The insurance companies are now doing what they do and lobbying feverishly for their republican and democrat servants to bail them out.  It's disgusting to be blunt.   http://nypost.com/2015/11/20/a-new-taxpayer-bailout-to-cover-up-obamacares-failure/

Don't forget, the insurance companies wanted the ACA.  Obama sold it to us using fear and guilt (everybody should have insurance).  It's a utter financial disaster and will now cost us taxpayers even more money because I can all but guarantee Washington will bail them out.  THIS is the kind of crap that is making Trump surge in the polls. I'm so sick of it.

Do you have any sources beside USAtoday and NYpost.......they are hopelessly conservative and bound to be skewed and biased.